FY2027 EPS Estimates for Hitachi Reduced by Erste Group Bank

Hitachi Ltd. (OTCMKTS:HTHIY – Free Report) – Equities research analysts at Erste Group Bank reduced their FY2027 earnings per share (EPS) estimates for shares of Hitachi in a report issued on Thursday, June 25th. Erste Group Bank analyst S. Lingnau now forecasts that the conglomerate will post earnings per share of $1.27 for the year, down from their prior forecast of $1.28. The consensus estimate for Hitachi’s current full-year earnings is $1.29 per share. Erste Group Bank also issued estimates for Hitachi’s FY2028 earnings at $1.48 EPS.

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Hitachi (OTCMKTS:HTHIY – Get Free Report) last issued its quarterly earnings results on Monday, April 27th. The conglomerate reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.02. The company had revenue of $19.38 billion for the quarter, compared to analysts’ expectations of $19.44 billion. Hitachi had a return on equity of 12.68% and a net margin of 7.64%.

Hitachi Stock Performance

Shares of HTHIY stock opened at $27.73 on Wednesday. The company’s fifty day moving average price is $31.00 and its 200-day moving average price is $31.76. The stock has a market cap of $125.77 billion, a PE ratio of 23.50, a price-to-earnings-growth ratio of 1.24 and a beta of 0.90. The company has a current ratio of 1.08, a quick ratio of 0.81 and a debt-to-equity ratio of 0.08. Hitachi has a 12 month low of $25.00 and a 12 month high of $39.00.

Hitachi Company Profile

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Hitachi, Ltd. (OTCMKTS:HTHIY) is a Tokyo-headquartered multinational conglomerate that operates a diversified portfolio of businesses spanning information technology, energy and power systems, industrial machinery, transportation systems, and digital solutions. Founded in 1910 by engineer Namihei Odaira in the city of Hitachi, Ibaraki Prefecture, the company grew from an electrical repair shop and early induction motor manufacturing into a global engineering and technology group. Hitachi positions itself as a “social innovation” company, combining operational technology, information technology and domain knowledge to address infrastructure and industry challenges.

The company’s activities include design and manufacture of heavy industrial equipment and construction machinery, delivery of rail and urban transportation systems, development and provision of power generation and grid equipment, and enterprise IT services including systems integration and cloud solutions.

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